ECO561 Week6 Challenges of Expansion to a Foreign Location Applying Economic Concepts to Improve Business Decisions ECO561 Week6: Purpose of Assignment This week students will review and revise their Week 3 Research Analysis for Business Signature Assignment based on economic analysis and the feedback provided by their facilitator. Students will also expand their Week 3 analyses […]
ECO561 Week3 Managing Fixed and Variable Costs for Organization
ECO561 Week3 Managing Fixed and Variable Costs for Organization Market Structure, Competition, Production, & Pricing ECO561 Week3: Purpose of Assignment In this week, students are learning about managing different types of economic costs. Organizations typically have either high fixed costs or low fixed costs, and it is important to understand how business decisions differ in […]
ECO561 Week2 Government Intervention
ECO561 Week2 Government Intervention Economies and Economic Function ECO561 Week2: Purpose of Assignment The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure – the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students […]
ECO561 Week1 Influence of Economics on Household Decision Making
ECO561 Week1 Influence of Economics on Household Decision Making The Role of Economics ECO561 Week1: Purpose of Assignment To locate, retrieve, and evaluate the effects of macroeconomic indicators on your own decision making. Assignment Steps Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional […]